LIVINGSTON, NJ–“Within multifamily investing, there is one constant theme – people will always need a place to live. Apartment-rental properties have – and will continue – to fill this basic need for every population demographic," says Gebroe-Hammer president Ken Uranowitz.

PITTSBURGH—In suburban Pittsburgh, APEX 275 Southpointe is the only fully vacant class-A building with more than 100,000 square feet—the largest block of space available.

The P4P Existing Buildings program provides incentives to large commercial and industrial customers.

HANOVER TOWNSHIP, NJ—Salus Government Properties has acquired One MetLife Way, the new global headquarters for MetLife Investments. Bellwether Enterprise Real Estate Capital arranged a $68.95-million acquisition loan through Morgan Stanley.

MUHLENBERG TOWNSHIP, PA—The Route 61 corridor of the Berks County industrial market hasn't seen a new class A building project for more than 10 years, and vacancy rates for existing stock in Berks County sit below one percent as a result.

HARRISON, NJ— “Harrison continues to attract both private and institutional investors given the access to transportation and quality new construction,” says HFF's José Cruz. “221 Bergen is a great example of the types of quality multi-housing properties that are in high demand in the New Jersey market.”

PARSIPPANY, NJ—Allergan's 431,493-square-foot lease at 5 Giralda Farms in Madison, and iCIMS's 350,000-square-foot lease at Bell Works in Holmdel contributed to a drop in vacancy from 15.9% to 15.5%, the lowest level since second-quarter 2010.

A roundup of recent middle-market activity in the Keystone State.